The Federal Reserve wrapped up its two-day Open Market Committee meeting last week with Chairman Ben Bernanke reaffirming that “keeping interest rates low is still appropriate for our economy.” But what if he’s wrong? His second term as chairman ends January 31, 2014. Will he be reappointed over and over again like the former chairman, Alan Greenspan? It is sad when individuals believe they can take the helm of such a huge economy and guide it peacefully into port. These guys believe they can. And as you see in the video below, it’s never their fault if they’re wrong.
Latest posts by E.J. Smith (see all)
- Captain’s Log from Your Survival Guy’s Fourth of July Weekend - July 15, 2019
- The IRS is Coming after Your IRA with this Hidden Tax - July 12, 2019
- Cook County Residents Forced from Their Homes - July 11, 2019